10 Tenancy Laws Every Landlord & Tenant Should Know
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10 Tenancy Laws Every Landlord & Tenant Should Know

Indian government has established and approved the Rent Control Act, 1948 for the purpose of controlling rental costs and protecting tenants' rights against arbitrary eviction.  Landlords and tenants have specific rights that are protected by this law, which is enacted by the state's government. A few things a landlord and a tenant have to keep in mind while dealing with the process of renting out property, which includes written agreement, the amount of payable rent, security deposit, conditions regarding damage to the property during tenancy and so on.

Continue Reading about 2 years ago
Rafale Deal Controversy: Procurement of 36 Rafale
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Rafale Deal Controversy: Procurement of 36 Rafale

The much-hyped multi billion Euro Rafale Deal which is considered as a gamechanger for India arrived in India as the first batch of five rafales out of 36 ordered landed at the Ambala Air Base on July 29.

Continue Reading about 3 years ago
Rights and Liabilities of Landlords
Legal

Rights and Liabilities of Landlords

The landlord (lessor) and tenant (Lessee) relationship begins when the lease agreement is signed or the tenant enters into the property whichever is earlier. A rental agreement refers to the relationship between landlord and tenant. It is an agreement in which the rights and liabilities of tenant and landlord are set forth, which is binding upon both the parties. In India the owner can rent his property only in two ways:

Continue Reading about 5 years ago
Rights and Duties of Tenants
Legal

Rights and Duties of Tenants

Renting a place in India can be a very tedious task. With the spurting growth in job opportunities and need for a better lifestyle, people have started to move out from their hometowns and have started to occupy cities which offer them good opportunities. Therefore, the landlord-tenant legal relationship has become a big topic of discussions lately. The need for clear grounds of this relationship is quite an essential one because both the parties need to feel secure about their end of the transaction as the shelter is one of the most basic requirements. There are laws to secure this position so that neither party face violations of their rights. The tenants especially are given secured rights so that they are not prone to unnecessary threats of evection and hike in rent prices. They are, in return, supposed to observe certain duties for the benefit of the landlords.

Continue Reading about 5 years ago
Work Space Sharing Agreement
Legal

Work Space Sharing Agreement

A work space sharing agreement is a binding contract for the usage of work space on a sharing basis between two parties. Through this the two parties that is the owner and the tenant of the space can share the working space by paying an amount of fees in exchange for subletting the co-working space.

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Difference between Rent and Lease Agreements
Legal

Difference between Rent and Lease Agreements

The terms ‘rent’ and ‘lease’ are used to describe a contract entered into between two parties, the person who owns the land (lessor/ landlord) and the person who wishes to occupy the land (lessee/ tenant). Usually both these terms are used interchangeably, however they are not the same.

Continue Reading about 5 years ago